The U.S. Department of the Treasury, working with the United Kingdom’s HM Treasury, announced the creation of a Transatlantic Taskforce for Markets of the Future to develop recommendations for enhanced collaboration on capital markets, digital assets and other innovative financial activities. The Taskforce will report to both finance ministries through the UK-U.S. Financial Regulatory Working Group (FRWG). The work programme includes identifying short-to-medium term options for coordination on digital assets while legislation and regulatory regimes are still developing, as well as longer-term opportunities for wholesale digital markets innovation. It will also examine ways to improve links between UK and U.S. capital markets, focusing on reducing burdens for firms raising capital cross-border. The Taskforce will be co-chaired by officials from HM Treasury and the U.S. Department of the Treasury and will include representatives from relevant UK and U.S. regulators, with input to be sought from leading industry experts. A report is due within 180 days.
U.S. Department of the Treasury 2025-09-22
U.S. Department of the Treasury and HM Treasury establish Transatlantic Taskforce for Markets of the Future on capital markets and digital assets
The U.S. Department of the Treasury and the United Kingdom’s HM Treasury have established a Transatlantic Taskforce for Markets of the Future to enhance collaboration on capital markets and digital assets. The Taskforce will explore coordination on digital assets, innovation in wholesale digital markets, and improved UK-U.S. capital market links. It will report to both finance ministries through the UK-U.S. Financial Regulatory Working Group.